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JOY SPREADER: ANNUAL REPORT 2025
Zhitong HK Stock Connect Proportion Anomaly Statistics | April 20
Abnormal Fluctuation Statistics of Shanghai-Hong Kong Stock Connect | April 17, 2026
Lexiang Group soars after signing an AI-related cooperation framework agreement with Volcano Engine, a subsidiary of ByteDance.
Lexiang Group (06988) surged over 40%. As of the time of writing, it was up 40%, trading at HKD 0.112 with a turnover of HKD 692,900.
Lexiang Group (06988) has signed a Framework Cooperation Agreement with Volcano Engine.
Lexiang Group (06988) announced that, in order to deepen its artificial intelligence (AI) strategic layout and strengthen core technological competitiveness, the company signed a Framework Cooperation Agreement with ByteDance's Volcano Engine on March 11, 2026. Relying on Volcano Engine’s technical advantages in big data, cloud computing, live streaming, and other areas, the company has entrusted it to provide technical services, including the DouBao large-scale model. Both parties have established a special project team to integrate and customize product solutions and promote the implementation of technological achievements. The aforementioned framework agreement is valid until March 31, 2027, with specific cooperation details to be outlined in separate specialized agreements.
Performance: Leshare Group (06988.HK) narrows full-year loss to 162 million yuan
Joyable Group (06988.HK) announced its annual results for the year ended December 31 of the previous year. Revenue amounted to HK$11.684 million, representing a year-on-year decrease of 89.7%. The net loss narrowed to HK$162 million, compared with a loss of HK$1,068 million in the same period last year. Loss per share was 6.83 HK cents. No dividend was declared.
JOY SPREADER: ANNOUNCEMENT OF ANNUAL RESULTSFOR THE YEAR ENDED DECEMBER 31, 2025